Why Nano
Feeless. Instant. Built for spending.
Nano is digital cash that confirms in about a second, with zero network fees, on a low-energy network. It is the reason Nagora can charge a 4% flat seller fee, zero buyer fees, and zero fees of any kind on orders of $2 and under.
- Confirmation time
- About 1 second
- Network fee
- None
- Energy per transaction
- About 0.111 Wh
- Supply
- Fixed, about 133 million XNO
- Running since
- 2015
Why Nagora settles in Nano.
- Sub-second confirmation
- Nano transactions confirm peer-to-peer in roughly a second. No 10-minute block waits, no 3-day card holds, no banking layer.
- Zero network fees
- Sending one Nano costs the same as sending one billion: nothing. The protocol uses small proof-of-work per transaction instead of a fee market.
- Low energy
- Nano's Open Representative Voting consensus uses a fraction of the energy of proof-of-work chains. A typical transaction draws less power than a Google search.
- Verifiable on-chain
- Every Nano transaction is public on the Nano ledger. You can audit any address (including your order's escrow address) on a block explorer at any time.
Why not Bitcoin, ETH, or stablecoins?
| Nano | Bitcoin | Ethereum | USDC | |
|---|---|---|---|---|
| Average confirmation | About 1 second | 10 to 60 minutes | 12 seconds, plus block confirmation wait | Depends on chain. 12s on Ethereum, more on L1s |
| Network fee on a $50 payment | $0 | $1 to $15 depending on mempool | $0.50 to $30 depending on gas | ETH gas fee, plus issuer fee on some rails |
| Energy per transaction | About 0.111 Wh | About 700,000 Wh | About 0.03 Wh post-merge | Same as host chain |
| Failed-transaction risk | None. Send or do not send. | Stuck in mempool if fee underpriced | Reverts cost gas anyway | Inherits host chain risk |
Numbers are typical-case as of 2026. Bitcoin and Ethereum fees swing with congestion, Nano does not.
Designed for everyday spending.
- Marketplace payments
- Sub-second settlement and zero fees mean a $5 listing actually clears for $5. Card processors take 2.9% + $0.30 minimum, which is why most marketplaces hide a fat fee on the seller side.
- Cross-border transfers
- No correspondent banks, no FX desk, no 3-day SWIFT wait. Sender opens a wallet, receiver opens a wallet, value moves in seconds.
- Tipping and micro-payments
- When the network fee is zero, sending 1 cent is the same as sending $100. Nano is one of the few chains where a 5-cent tip is not 90% fee.
- Fast payouts to creators and sellers
- Sale settles, escrow releases, money is in the seller's wallet within seconds. No 'funds held for review' email three days later.
Where Nano comes from.
Nano was launched in 2015 (originally as RaiBlocks) by developer Colin LeMahieu, who wanted to fix Bitcoin's biggest day-to-day frictions: slow confirmation, network fees that swing with congestion, and the energy cost of proof-of-work mining.
Instead of a single global blockchain, Nano gives every account its own chain and uses Open Representative Voting to reach consensus. Representatives are nodes that account holders freely delegate vote weight to. There is no mining, no staking yield, and no inflation. The full supply was distributed via a captcha faucet between 2015 and 2017 and there is no further issuance.
The result is a payment network optimised for what it was meant to do: move value fast, cheaply, and verifiably. It does not try to be a smart contract platform, a yield instrument, or a store-of-value narrative. It moves money.
Common questions about Nano.
Is Nano really feeless?
Why is Nano not as well known as Bitcoin?
Where can I buy Nano?
Can I store Nano in a hardware wallet?
Does Nano have a fixed supply?
How does Nano stay feeless without miners?
See Nano in action.
Browse Nagora listings or read how the on-chain escrow keeps every order safe.